Iran To Shut Hormuz Completely, World's Oil Supply In Danger, Massive Price Shock Coming Soon?
Iran has reportedly suspended all indirect communication with the United States and threatened a complete closure of the Strait of Hormuz following escalating Israeli operations
Iran has reportedly suspended all indirect communication with the United States and threatened a complete closure of the Strait of Hormuz following escalating Israeli operations against Hezbollah in Lebanon. According to reports linked to Iran’s Tasnim News Agency, Tehran says it will not resume diplomatic exchanges unless its demands regarding Lebanon and Gaza are met.
The move has rattled global energy markets, with oil prices jumping as fears grow over the future of one of the world’s most critical shipping and energy corridors. The development marks a major setback for efforts to expand the fragile US-Iran ceasefire into a broader political agreement. Times Now - Times Now News channel examines news with in-depth analysis.
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